Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28992. (Read 26610281 times)

I actually looked it up at m-w.com and discovered, to my horror, that one of the accepted meanings of "literally" is now "not literally"

Dimetrodon is early Permian.  Tyrannosaurus is  Cretaceous.

Really.  I can enumerate a billion in ventures without trying hard.  It's only a thousand millions, and a 5-10 million startup is begun practically every week.  Then there are miners, the foundation, numerous apps for every platform in currency, exchanges, miner manufacturers, purveyors of plastic, shopping sites, not to mention the dark net.  BTC turns over 6 times annually.  For each dollar of recurring cash flow multiple dollars of investment are rationally expected.

is it just me or is something about to happen?

Not sure if this is completely resolved or still developing for other transactons, but kinda interesting...
http://www.reddit.com/r/Bitcoin/comments/1znnmr/warning_something_wrong_with_blockchaininfo_wallet/

This one?

Naturlich! The price outpaces the infrastructure.  The probability of future infrastructure is being priced in. 
The current price should always be in excess of the current network value, as it discounts the future network value.

In other news: somebody set up us the bomb.

Now everything is so boring... What is the biggest bid wall in terms of USD you ever spotted on an exchange? I think there was a 1.2 million wall once on Mt.Gox, but i'm not entirely sure.

Fuck... now I have to unignore him.  *sigh*

TRAIN!!!

LOL. thank you, sir.

Chinese Slumber Method prediction for Thursday Mar/06


Prediction valid for: Thursday 2014-03-06, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3872 CNY.
Bitstamp's predicted price: 633 USD.

Huobi

The red and green strokes are actual Huobi hourly prices.  The Huobi prediction for the next Slumber Time is the rightmost magenta rectangle.  The blue rectangle is the prediction for the last Slumber Time (see below). The light blue-gray rectangles are the previous predictions.  The orange and grey dots are the Slumber Points, the mean Huobi prices at 19:00 UTC every day. The albertosauri are the False points, the glyptodons are the True ones. The grey lines are trends fitted a posteriori to the True points. The orange line is the trend that was assumed for the prediction.

Bitstamp

The red and green strokes are actual Bitstamp hourly prices.  The dots, dinosaurs, lines, and rectangles are Huobi's Slumber Points, dinosaurs, trends, and predictions, scaled by the currency conversion factor R (6.40 for Feb/07--09, 6.12 for all other times).

Checking the previous non-prediction

The prediction that I told you yesterday that I would not make was

Prediction not posted on: Tuesday 2014-03-04, 23:40 UTC
Prediction was not valid for: Wednesday 2014-03-05, 19:00--19:59 UTC

Huobi's non-predicted price: 4050 CNY
Huobi's actual price (L+H)/2: 3956 CNY
Error: 94 CNY (~15 USD)

Bitstamp's non-predicted price: 663 USD
Bitstamp's actual price (L+H)/2: 668 USD
Error: 5 USD

NOTE: Dinosaurs are used only for descriptive purposes in the above charts because I was not able to ascertain whether their use for technical analysis and prediction has been patented by the user who first applied them for such purposes.  Hopefully the issue can be resolved and more advanced rpietila reptilians will appear in future issues.

I believe he's in the Jurassic time zone.

Expecting breakout on March 6th around noon UTC.

Continuation pennant happening? or something else?
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continu

Sharp Move: To be considered a continuation pattern, there should be evidence of a prior trend. Flags and pennants require evidence of a sharp advance or decline on heavy volume. These moves usually occur on heavy volume and can contain gaps. This move usually represents the first leg of a significant advance or decline and the flag/pennant is merely a pause.

This sounds about right.

Pro Tip: "literally" does not mean "i really really mean it, like seriously"

A foggy cloud around us is threatening thunderstorms. It smells of freedom and misty rain, and it is soaking us wet, slowly and incessantly. 666.66, the infernal joke over and over, like a loop in a time machine. In the distance you can hear the dampened sound of a far away train...